2017 GMD to BGN Historical Review

YEARLY HIGH

0.0438 BGN

YEARLY LOW

0.0342 BGN

YEARLY AVERAGE

0.0379 BGN

2017 GMD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the GMD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0438. Conversely, the yearly low was recorded on December 31, dropping to 0.0342.

This high-to-low spread represents a total annual volatility of 0.0096 BGN. From a start-to-finish perspective, comparing the January average rate of 0.0423 to the December average rate of 0.0347, the exchange rate registered a net change of -17.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0438 was down 4.63% compared to the 2016 peak of 0.0459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 219 BGN

2016 Average 211 BGN

Yearly Trough Low 171 BGN

Transaction Impact: A difference of 48.06 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0430

0.0340

JanuMarcMayJulySeptNove

GMD to BGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0402, compared to 0.0356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0402

H2 Avg (Jul–Dec) 0.0356

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0023 BGN (High: 0.0438 / Low: 0.0415). On the other end, February was the most stable month, with a tight range of 0.0009 BGN (High: 0.0421 / Low: 0.0412).

January Spread (Volatile) ±0.0023

February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0020 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0423) against the same month in 2016 (average: 0.0456), the exchange rate shifted by -0.0033 (-7.26%).

2017 Avg (January) 0.0423

2016 Avg (January) 0.0456

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0438	0.0415	0.0423
February	0.0421	0.0412	0.0416
March	0.0418	0.0398	0.0409
April	0.0409	0.0395	0.0404
May	0.0394	0.0377	0.0384
June	0.0383	0.0371	0.0379
July	0.0374	0.0359	0.0368
August	0.0368	0.0354	0.0360
September	0.0361	0.0352	0.0356
October	0.0363	0.0348	0.0354
November	0.0357	0.0345	0.0351
December	0.0351	0.0342	0.0347